Dogecoin Just Replicated This Bullish Trend For The 3rd Time, Can Price Still...
An interesting setup observed by crypto analyst Bitguru could suggest that the Dogecoin price is on the path to another major recovery. This setup has previously led to major rallies in the past, having produced similar results at two separate times. Thus, it is not a stretch that the crypto analyst expects that Dogecoin will replicate this move once the setup is complete again. Dogecoin Moving Out Of Consolidation The trend that the crypto analyst highlights has to do with the overall trend and movement of the Dogecoin price during each rally. So far, each rally seems to be mirroring the....
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Dogecoin is currently seeing reasonable upside following the Bitcoin recovery above $71,000. This has sent the whole crypto market into a state of euphoria, and the DOGE price has crossed the $0.16 resistance while at it. This bullish trend is expected to continue, as one analyst points out that Dogecoin has formed a bullish triangle […]
Dogecoin Price Key Highlights. Dogecoin price continued to trader with a positive tone, but the last swing high of 58.3-4 Satoshis stalled gains one more time. There are a couple of support trend lines acting as a hurdle for sellers and might continue to act as a catalyst. Dogecoin price traded higher to trade near 58.4 Satoshis where it found sellers one more time. Trend line support. The Dogecoin price after a minor correction Intraday traded higher and moved towards the last swing high of 58.3 Satoshis. Buyers failed to break the stated level, and as a result there were a couple of....
Key Highlights. Yesterday's idea that there can be more gains in Dogecoin, and buying dips is a good option worked as prices dipped and surged higher one more time. There is a major resistance building up around 77.5 Satoshis where buyers might struggle. Dogecoin continued to gain traction as buyers remain in control, but it would be really interesting to see how long the bullish trend can continue. 77.5 Satoshis as a Barrier. One more hurdle was cleared by Dogecoin buyers recently, as 71.7 Satoshis (Yesterday's high) was breached to set a new weekly high. There is a lot of bullish....
Dogecoin Price Key Highlights. Dogecoin price failed to move higher as anticipated in yesterday's analysis and remains at risk of a break lower. The price is trading around an important support area that holds the key in the near term. On the upside, the 100 hourly MA may act as a resistance moving ahead. Buyers struggled to keep Dogecoin price higher, and as a result the chance of a break lower increased Intraday. Trend Line Support Area. We have been following a critical bullish trend line on the hourly chart of Dogecoin price, which provided support many times. Currently, the price is....
Key Highlights. Dogecoin price moved lower Intraday before finding support around the last swing low of 66.0 Satoshis. A bearish trend line formed on the hourly, which if breached might clear the way for more gains. On the downside, 65.0 Satoshis support area holds a lot of value in the near term. Dogecoin price fell by more than 4% Intraday to trade near a bullish trend line as highlighted recently before a recovering from losses. RSI Break and Divergence. As mentioned, there is a minor bearish trend line formed on the hourly chart of Dogecoin, which is currently staling the upside. The....